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Predictive Maintenance is Investment Priority for Miners with 48% Likely to Invest in the Next Two Years
Written by AZoMiningJan 15 2021
The drive to improve productivity and reduce downtime will lead to further investment by mining companies, large and small, in predictive maintenance for both plant and mobile equipment in the next two years, according to leading data and analytics company, GlobalData. A mine-site survey by the company revealed that, while over three quarters of mines had already made at least minor investments into predictive maintenance, 48% of miners surveyed expected to either invest in the technology for the first time or invest further in the coming two years. Further, 43% expected to invest in predictive maintenance for mobile machinery over the same period.